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LEGT.U Stock Analysis

Data source: Trade-Ideas Alerts | 1 alerts analyzed | Backtest period: 2024-02-16 → 2024-02-16

⚠️ Small sample size (1 alerts). Statistics may have high variance. Interpret with caution.

🏢 Company Profile

Legato Merger Corp III Units, each consisting of one Ordinary Share and one-half of one warrant BLANK CHECKS (SIC 6770)
📍 NYSE American 📅 IPO: Feb 06, 2024 🔗 www.legatomerger.com
Legato Merger Corp III is a blank check company.
📊
1
Total Alerts
🎯
0%
Win Rate (5MIN)
💰
+0.00%
Avg Gain (5MIN)
🚀
-0.10%
Avg MFE (Max Potential)

📈 Performance by Timeframe

15MIN

Win Rate: 0.0%
Avg Gain: -0.10%
Avg Winner: +0.00%
Avg Loser: -0.10%
Best: -0.10%
Worst: -0.10%
Trades: 0/1

EOD (End of Day)

Win Rate: 0.0%
Avg Gain: -0.20%
Avg Winner: +0.00%
Avg Loser: -0.20%
Best: -0.20%
Worst: -0.20%
Trades: 0/1

🚀 Max Favorable / Adverse Excursion (MFE/MAE)

Institutional-grade metrics showing the maximum profit potential and risk for each alert.

📈 MFE (Max Profit Potential)

Average MFE: -0.10%
Best MFE: -0.10%
Avg Time to MFE: 16 min

On average, LEGT.U alerts reach -0.10% profit potential within 16 minutes.

📉 MAE (Max Drawdown Risk)

Average MAE: -0.10%
Worst MAE: -0.10%
Avg Time to MAE: 16 min

Before reaching MFE, expect an average drawdown of 0.10%.

⚖️ Risk/Reward Ratio

1.0:1

Good risk/reward - favorable for momentum trading.

💡 Trading Insight: Based on 1 alerts, LEGT.U typically reaches -0.10% profit before pulling back. Consider setting profit targets around -0.1% to capture most of the move.

🏭 Sector Comparison: BLANK CHECKS

How LEGT.U compares to 6 other tickers in the same sector.

5-Min Gain
LEGT.U: +0.00% Sector: -2.88% +2.88%
EOD Gain
LEGT.U: +0.00% Sector: +228.91% -228.91%
Avg MFE
LEGT.U: +0.00% Sector: +11.25% -11.25%

📋 Last 20 Alerts

Historical LEGT.U alerts with performance metrics calculated from 1-minute price data. Each row shows the actual price movement at different timeframes after the alert.

Date Time Price 5min 15min 30min 60min EOD MFE MAE Gap Result
2024-02-16 09:27:36 $10.1 - -0.10% - - -0.20% -0.10% -0.10% - -

Table Metrics Explained:

  • 5min/15min/30min/60min/EOD: Price change at each timeframe (calculated from real minute-by-minute data)
  • MFE: Maximum Favorable Excursion - highest profit potential reached during the day
  • MAE: Maximum Adverse Excursion - worst drawdown experienced before reaching MFE
  • Gap: Premarket price gap from 9:25 AM to 9:30 AM market open
  • Result: WIN if 5min change > 0%, LOSS otherwise

⚠️ LEGT.U Shows Negative Expectancy

With 0.0% win rate and +0.00% average gain, LEGT.U alerts have historically faded. Use the app to find specific filters that might reverse this pattern, or consider LEGT.U for short-selling strategies.

📉 Turn Negative Expectancy Positive →

Why Analyze LEGT.U with FILTRIX?

🛡️ Realistic Entry Simulation

We don't inflate stats. Our analysis tracks only the first alert of the day for LEGT.U. This simulates a true "Gap & Go" entry at pre-market hours (9:25-9:30 AM), avoiding the trap of chasing a stock that has already extended.

💰 Max Potential (MFE) Analysis

How much is left in the move? On winning days, LEGT.U historically offers an average upside of -0.10% intraday. Our data helps you distinguish between a quick scalp and a runner.

📊 LEGT.U Momentum Personality

With a baseline win rate of 0.0%, LEGT.U shows choppy price action, requiring strict filters or quick profit-taking.

⏱️ Optimized Exit Timing

⚠️ Caution Advised: LEGT.U shows negative expectancy across all tested intraday timeframes (Best: 5MIN at +0.00%). This suggests LEGT.U is prone to fading after the open, making it a potential candidate for short-selling or quick scalps only.